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Jan 26, 2013
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it's been three weeks since the congress and the president raised taxes to prevent the fiscal cliff. before the election they called it taxmageddon. many said all they needed was mitt romney to save them. even mitt romney was in awe of mitt romney's awesomeness. >> they'll probably be looking at what the polls are saying, but it looks like i'll be winning the markets and the markets will be happy. it looks if the president were to win the markets would not be so happy. my own view is if we win on november 6th, there will be a great deal of optimism about the future of this country. we'll see capital come back, and we'll see -- without actually doing anything, we'll actually get a boost in the economy. >> i mean, there would be no way the economy could sustain a kenyan muslim socialist assault on all that is good and right and american. but our markets for another few days, much less four more years. again, today is january 25th. and the markets are supposed to be in the tank. so when i heard this, i could barely understand the words. >> this is some sustained growth in the stock mark
it's been three weeks since the congress and the president raised taxes to prevent the fiscal cliff. before the election they called it taxmageddon. many said all they needed was mitt romney to save them. even mitt romney was in awe of mitt romney's awesomeness. >> they'll probably be looking at what the polls are saying, but it looks like i'll be winning the markets and the markets will be happy. it looks if the president were to win the markets would not be so happy. my own view is if...
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Jan 26, 2013
01/13
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he ruled out tax increases. house republicans don't want to cut defense spending, in fact, in the romney campaign they wanted to raise it quite a bit. in theory, you shouldn't cut medicare for anybody retiring in the next ten years, so you can't get cuts there if you stick to that. the whole budget, it is only about a trillion and a half dollars. that is all of our spending on the poor and education, and skills training and research, everything else we're doing, it is about a trillion and a half. and ryan needs $800 billion. is ryan really going to cut all that by half, by more than half? that would be the most unpopular budget in history, it would be a disaster. or would the republican party change their promises and cut into medicaid or social security in the next ten years? this is what they have backed themselves into, these choices. there is a reason why ryan, who is really a conservative guy, who is trying to create a budget, that was a genuinely conservative guy, if you're not raising taxes you can't do i
he ruled out tax increases. house republicans don't want to cut defense spending, in fact, in the romney campaign they wanted to raise it quite a bit. in theory, you shouldn't cut medicare for anybody retiring in the next ten years, so you can't get cuts there if you stick to that. the whole budget, it is only about a trillion and a half dollars. that is all of our spending on the poor and education, and skills training and research, everything else we're doing, it is about a trillion and a...
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Jan 31, 2013
01/13
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in greece they do not have an effective tax system, and people cheat left and right. we are starving the irs. i've been talking to people inside the irs whose units have been cut 30, 40, 50% in personnel, and they're not auditing, and they're not going after the tough cases that will mean the less money for the government and the less money for all government services and cause real serious problems. so in that sense we are heading toward greece by taking away a great tax system and replacing wit a weakened one. >> why are these changes taking place in the irs? why are they not being as aggressive as they used to be? >> well, because for years now, the republicans have attacked the irs. and at one point, you may recall, i broke the story years ago that you were actually more likely to be audited if you were poor than if you were affluent. we've cut radically the audits of corporations. and the irs now tells corporations, well we'll only audit you on these issues and you have this many days. we'll close the audit whether we're done or not. that's not really doing the j
in greece they do not have an effective tax system, and people cheat left and right. we are starving the irs. i've been talking to people inside the irs whose units have been cut 30, 40, 50% in personnel, and they're not auditing, and they're not going after the tough cases that will mean the less money for the government and the less money for all government services and cause real serious problems. so in that sense we are heading toward greece by taking away a great tax system and replacing...
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Jan 31, 2013
01/13
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stay with us. ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. bikes and balloons, wholesome noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. that's what happy kids are made of. campbell's. it's amazing what soup can do. >>> welcome back to "the ed sho show". here on this program, we have been focused on the latest republican effort to rig the 2016 election by changing how the electoral votes are counted in a handful of battleground states. battleground states. currently, the winner of the state-wide vote gets all of the electoral college votes. under the plan proposed by republicans, electoral votes would be awarded by congressional district. congressional districts, which have been gerrymandered beyond recognition to tip the scales for who? the republicans. their election-rigging effort would turn this 2012 electoral map into this, a scenario where the lo
stay with us. ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. bikes and balloons, wholesome noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. that's what happy kids are made of. campbell's. it's amazing what soup can do. >>> welcome back to "the ed sho show". here on this program, we have been...
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Jan 26, 2013
01/13
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. >> say on the tax policy, they fought on raising taxes on the rich. 60% to 70% of the public agree with the president on that. so they're marginalized on a lot of policy matters, and the stupid comments don't come out. >> coming out for lower taxes are not going to get you beat. why don't they stick to the strong points? republicans looked ridiculous this week when they decided to go after hillary clinton, who is riding so high in the polls. why did they go after her at the very point she was at her strongest, they attacked. let's take a look. >> i'm glad that you're accepting responsibility. i think that ultimately with your leaving you accept the culpability for the worst tragedy since 9/11, and i really mean that. had i been president at the time and i found that you did not read the cables from benghazi, you did not read the cables from ambassador stevens, i would have relieved you of your post. i think it's inexcusable not to know of the request for security that really i think cost these people their lives. >> madam secretary, you let the consulate become a death trap. and th
. >> say on the tax policy, they fought on raising taxes on the rich. 60% to 70% of the public agree with the president on that. so they're marginalized on a lot of policy matters, and the stupid comments don't come out. >> coming out for lower taxes are not going to get you beat. why don't they stick to the strong points? republicans looked ridiculous this week when they decided to go after hillary clinton, who is riding so high in the polls. why did they go after her at the very...
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Jan 29, 2013
01/13
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this is going to cost them tax wrshz this is going to cost them a significant weight. after they do all of that, the only thing they're going to have access to is the opportunity to apply for a green card. >> no word if undocumented immigrants will also need to walk on coals or eat fire before being considered for citizenship. for republicans the road to reform is indeed a long one, and they must start with the very basics. yesterday a top republican super pac, the american action network sent house republicans a memo outlining tonally sensitive language regarding immigration reduce. do use undocumented immigrant. don't use the word illegals. >> illegals. >> illegals. >> illegals. >> illegals. >> also, forget that you ever used the phrase anchor baby. >> it's probably not the case for an anchor baby that gets citizenship. >> what we refer to as anchor baby. >> the impact of the anchor baby industry. >> created this issue of anningor babies. >> finally, in case you were a fan of the phrase send them all back and electric fence, unlearn them quickly. no mention in the me
this is going to cost them tax wrshz this is going to cost them a significant weight. after they do all of that, the only thing they're going to have access to is the opportunity to apply for a green card. >> no word if undocumented immigrants will also need to walk on coals or eat fire before being considered for citizenship. for republicans the road to reform is indeed a long one, and they must start with the very basics. yesterday a top republican super pac, the american action network...
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Jan 27, 2013
01/13
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in addition to over $200,000 in back tax, fees and penalties. according to the courts the aim of seeking chapter 7 bankruptcy protection is to be discharged of ex-ing debts essentially to get a fresh financial start, a fresh start. which is something casey anthony is certainly no stranger to. and cbs affiliate kpho reports that anthony spoke with one of their anchors and called the filing "the next step towards closure." >>> popular snacks including devil dogs, ring dings and yodels will soon or could soon be back on store shelves. the maker of little debbie snack cakes is reportedly the leading bidder to buy those from hostess for up to $30 million. hostess still hasn't announced a lead bid for its most iconic treat, the twinkie, so the twinkie's fate is still up in the air. i'm sure that will be settled. >>> finally, an unexpected visitor greeted a delay or created a delay at a college basketball saturday. it was a bat, a bat 234r50iing around the bradley center, there you see it in milwaukee. it sent players and coaches scrambling hiding, duc
in addition to over $200,000 in back tax, fees and penalties. according to the courts the aim of seeking chapter 7 bankruptcy protection is to be discharged of ex-ing debts essentially to get a fresh financial start, a fresh start. which is something casey anthony is certainly no stranger to. and cbs affiliate kpho reports that anthony spoke with one of their anchors and called the filing "the next step towards closure." >>> popular snacks including devil dogs, ring dings and...
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Jan 25, 2013
01/13
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you're not going to be able to tax wall street now. minimum wage, that's out the door, raising that. workers' rights. and you know what this is all about in my opinion? this is about guns. harry reid knows that 51 votes would be available for the assault weapons ban but he knows damn well there won't be 60 and he doesn't want to hang this on the democratic party at all to all these rural senators. that's who he's protecting in this. but he is not standing up for the people at all. i just -- i don't know what kind of message can we send at this point? >> i think we send a message of total determination that as every issue is discussed and if mitch mcconnell has to sign off to put it on the floor, which is where we believe this lies, then on every issue we have to link this up and say you said if it wasn't functioning you would change it? 51 can change it. we're fighting to change it. and not let up for a minute. and the broader democracy initiative that we're a part of has got to go on on all the issues. >> this is another comment that
you're not going to be able to tax wall street now. minimum wage, that's out the door, raising that. workers' rights. and you know what this is all about in my opinion? this is about guns. harry reid knows that 51 votes would be available for the assault weapons ban but he knows damn well there won't be 60 and he doesn't want to hang this on the democratic party at all to all these rural senators. that's who he's protecting in this. but he is not standing up for the people at all. i just -- i...
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Jan 24, 2013
01/13
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. >> is there any downside to a tax? >> yeah, if you're a hedge fund manager or one of the high-speed traders, you're going to have to pay some tax and it's going to discourage you from making bets that distort the market. for the rest of us, i don't see a downside, ed. >> how would we make a determination? because you know they would come back and say oh, this is really going to hurt the economy. how would this hurt the economy? >> i don't see how discouraging speculation, which is almost all done with borrowed money. they effectively borrow money at a rate of 30 to 1. you put 3% down and borrow the rest of the money. i don't see how this hurts the economy. and if we reduce this volatility and reduce market distortion, we can get back to having a market focused on investments that create production in the future and wealth in the future, not creaming the market today through speculation. >> quickly, you think this is something congress could embrace? >> not probably in this congress in the house, but i think this is an
. >> is there any downside to a tax? >> yeah, if you're a hedge fund manager or one of the high-speed traders, you're going to have to pay some tax and it's going to discourage you from making bets that distort the market. for the rest of us, i don't see a downside, ed. >> how would we make a determination? because you know they would come back and say oh, this is really going to hurt the economy. how would this hurt the economy? >> i don't see how discouraging...
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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent. this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are thus taxed on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
SFGTV2: San Francisco Government Television
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Jan 28, 2013
01/13
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we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
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Jan 27, 2013
01/13
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WMAR
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so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. meet the getaways. they live at alamo.com. and they just want to help you get a great deal on your rental car. just click on the alamo deal retriever℠. and get our best deal, customized for you. because everyone loves a little getaway... alamo. i had[ designer ]eeling enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through 6 months. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events, including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you f
so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. meet the getaways. they live at alamo.com. and they just want to help you get a great deal on your rental car. just click on the alamo deal retriever℠. and get our best deal, customized for you. because everyone loves a little getaway... alamo. i had[ designer ]eeling enough of just covering up my moderate to severe plaque psoriasis. i decided...
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Jan 29, 2013
01/13
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WUSA
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. >>> and here comes the tax manual. the i.r.s. will accept 2012 tax returns starting tomorrow. that's eight days later than the agency had originally planned. the tax filing deadline got pushed back due to some changes that congress made to the tax laws to avoid the fiscal cliff. >>> also, you may want to swap out your credit card for a debit card the next time you pay for a purchase. here's why. retailers can now charge customers up to 3% more when they swipe their credit card at the checkout. these fees are all part of a settlement from the 2005 lawsuit between visa, mastercard and nine banks. ten states passed a law that bans this checkout fee. some retailers, though, are saying they're not automatically going to apply this so it's probably a good idea to check before you swipe the next time. >> you don't find out unless you go through a fine tooth comb on your account. >>> it's 4:42. less than a week ago, we had temperatures in the teens overnight. soon it's going to feel a lot more like april around here. howard is up next to tell us why. >> a consumer alert for ravens fan
. >>> and here comes the tax manual. the i.r.s. will accept 2012 tax returns starting tomorrow. that's eight days later than the agency had originally planned. the tax filing deadline got pushed back due to some changes that congress made to the tax laws to avoid the fiscal cliff. >>> also, you may want to swap out your credit card for a debit card the next time you pay for a purchase. here's why. retailers can now charge customers up to 3% more when they swipe their credit...
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by trickle down economics or the sort of economics that says if you give a bunch you're rich people tax cuts and all that extra money they keep will eventually trickle down on to the rest of us and it will do more than just create a nation of it's after thirty years of trickle down economics we know what really happens here go down economics just makes us a nation of peons of peons working for a minimum wage is lost half its value since the nine hundred sixty s. if christie and the rest of the conservative movement would step out of the bubble and they'd see that giving more money to working people actually does help the economy a new jersey policy perspective analyzed the economic economic impact in new jersey of raising the minimum wage and found it would lead to an economic boom it would mean four hundred thirty nine million more dollars in the hands of working people in that state that would increase economic activity by two hundred seventy eight million dollars in the first year an equivalent of two thousand four hundred twenty new full time jobs would be. created all this from rai
by trickle down economics or the sort of economics that says if you give a bunch you're rich people tax cuts and all that extra money they keep will eventually trickle down on to the rest of us and it will do more than just create a nation of it's after thirty years of trickle down economics we know what really happens here go down economics just makes us a nation of peons of peons working for a minimum wage is lost half its value since the nine hundred sixty s. if christie and the rest of the...
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that tax the securities transaction exchange rice tax. ok i'm reading an article right now from the l.a. times eleven european countries have received the green light tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash strapped go for government on the on the order of fifty billion dollars you're absolutely right richard thanks for calling and bringing that up and not only will that raise revenue but as they pointed out you can read in that l a times or any other article big government thinks that this is also going to diminish risky behavior by banks toure's that's it for your take my take alive thanks for all your calls and if we didn't get your calls tonight try is back next week. coming up all across america republicans are working to hard to corrupt our democracy and to rig the twenty sixteen election how could reforming the american voting process help to put integrity back into our democracy. let me let me i want to wouldn't let me ask you a question from. here on this network is
that tax the securities transaction exchange rice tax. ok i'm reading an article right now from the l.a. times eleven european countries have received the green light tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash strapped go for government on the on the order of fifty billion dollars you're absolutely right richard thanks for calling and bringing that up and not only will that raise revenue but as they pointed out you can read in that l...
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Jan 31, 2013
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income jumped because people were paying themselves a ton of money ahead of the higher tax rate this year. but for the most part, you had the higher income numbers, which is a good thing. >> that's a good thing. you're also fog a story in the "wall street journal" today about unions and health care. >> it's getting a lot of play out there. and the story is basically this, folks. it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama administration about this cap. and they're asking for federal subsidies on top of their work insurance. >> all right. and let's talk about facebook now. they've just had a brutal year. but some pretty good news in the fourth qu
income jumped because people were paying themselves a ton of money ahead of the higher tax rate this year. but for the most part, you had the higher income numbers, which is a good thing. >> that's a good thing. you're also fog a story in the "wall street journal" today about unions and health care. >> it's getting a lot of play out there. and the story is basically this, folks. it's in the journal, which is that part of obama care allows caps on precipitation drug...
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Jan 29, 2013
01/13
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taxes are only relevant to that because taxes create that helps to create stability. so that is where taxes are relevant. we want to create fiscal stability, set policies in place but the private sector sees as helping to make the country more competitive. if the private sector and thinks the u.s. is likely on a relative bases to be more competitive in europe, they will typically make a decision to make investments in the u.s. as opposed to europe. if they decided to other parts of the world would likely be more competitive, they would make their investments there. two things we need to do, first, create fiscal stability. our live there to be a grand bargain style deficit deal that gets us on a trajectory across the long term that we're not dealing with this every few months. that's very destructive in terms of people making investment decisions. second, do some things in terms of policy. national energy policy and its destructive policy. continued investments in education and a change in immigration policy. executives would look at that and see those very positively
taxes are only relevant to that because taxes create that helps to create stability. so that is where taxes are relevant. we want to create fiscal stability, set policies in place but the private sector sees as helping to make the country more competitive. if the private sector and thinks the u.s. is likely on a relative bases to be more competitive in europe, they will typically make a decision to make investments in the u.s. as opposed to europe. if they decided to other parts of the world...
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and you're saying taxing education is shared only d.p. there well if you want it as a share of per capita basis that's different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that people will only use basic defense spending they may or may not include the cost of this is what it would be so i understand what portion of it would be my point is is just . is that we're not doing enough on defense spending i'm going to agree with you right now now my point is i thought our levels of spending right now are not that different than they were in one nine hundred fifty and our level of taxation is radically lower than one hundred fifty nine hundred sixty nine hundred seventy the top tax rate was ninety one percent corporations are payi
and you're saying taxing education is shared only d.p. there well if you want it as a share of per capita basis that's different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that...
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Jan 25, 2013
01/13
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CNBC
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in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all the oils because more oil will be used when things get better sending the hesses and conocos higher with them. that's how schlumberger can be ten points above where it was when it pre-announced a shortfall. and, of course, any uptick in employment has huge implications for autos and for homes where for a couple of years we were building homes at a rate that came in under what we were building when we had half as many people in this country. more homes means more retailers doing business to fix those homes, and it means more businesses for the banks, the processed home loans and that group gets
in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all...
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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are those tax on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers b
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
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Jan 26, 2013
01/13
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. >> reporter: another potential speed bump to economic growth is the increase in payroll taxes, which is just beginning to show up. but some analysts say they hope it will be offset by new jobs and the new wages that come with them. brian? >> john yang starting us off in chicago tonight. john, thanks. >>> these gains in the stock market have come despite a big-ticket name having a rough time. apple announced some rough earnings numbers earlier this week. their stock has now taken a punishing blow. in fact, today apple lost its spot as the world's most valuable company. title goes back to exxon now. since apple has lost 37% of its value from its high point of more than $700 a share back in september. >>> across the country, as if thislu season wasn't bad enough already, it's now widespread in 47 out of the 50 states, remember. the cdc confirms what a lot of us already know from the workplace and the world around us. this other virus, the stomach bug that is making victims really miserable and they're dropping fast. more from our chief medical editor, dr. nancy snyderman. >> tonight, th
. >> reporter: another potential speed bump to economic growth is the increase in payroll taxes, which is just beginning to show up. but some analysts say they hope it will be offset by new jobs and the new wages that come with them. brian? >> john yang starting us off in chicago tonight. john, thanks. >>> these gains in the stock market have come despite a big-ticket name having a rough time. apple announced some rough earnings numbers earlier this week. their stock has...
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Jan 28, 2013
01/13
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you're going to cut taxes, you cut taxes nation. cut rates, you don't target. targeting and particularly at the state and local level, targeting is where giveaways take place. targeting is where, it's where you play with, you figure out ways to appeal to people. so what that means is if you're in a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through economic growth, right? economic growth is the only solutions, cross sector economic growth is the only solution to we fell in government coffers so that the money that would have to come direct from the taxpayer and reducing the debt and reducing the deficit. >> and under those conditions, here's where it gets interesting your it has been tax cuts. that is the policy, what is the republican solution is, as i think you're the first person to lay out succinctly as anybody, is a series of governmental reforms that are brushed, that make policies more coherent, that allow both on the tax side and the health care reform side of health care cost side
you're going to cut taxes, you cut taxes nation. cut rates, you don't target. targeting and particularly at the state and local level, targeting is where giveaways take place. targeting is where, it's where you play with, you figure out ways to appeal to people. so what that means is if you're in a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through economic growth, right? economic growth is the only solutions, cross sector...
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84
Jan 25, 2013
01/13
by
WBAL
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eye 84
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the higher payroll taxes, and the general sense that the economy's not getting any better. is it? the answer's simple. why you may not think the overall economy is getting better, you're missing the big picture, partner. if you were to ask me to game the market using just one figure, one figure only, it wouldn't be what apple earns, the gross domestic product, the growth rate of earnings or the dividend yield of the s&p, it would be the weekly jobless claims. the weekly jobless claims is an indicator of future employment in this country. there's absolutely no coincidence that we had five-year highs today in the stock market. at the same time that unemployment claims hit five-year lows. it isn't fanciful that the market's roaring because jobs are being created at an accelerating pace. it's the most important determinant of the stock market. after all, the market got crushed when unemployment went above 5.5% and soared right into the great recession. i think these positive jobless numbers are occurring because of the certainty that comes from putting a presidential election and a ta
the higher payroll taxes, and the general sense that the economy's not getting any better. is it? the answer's simple. why you may not think the overall economy is getting better, you're missing the big picture, partner. if you were to ask me to game the market using just one figure, one figure only, it wouldn't be what apple earns, the gross domestic product, the growth rate of earnings or the dividend yield of the s&p, it would be the weekly jobless claims. the weekly jobless claims is an...
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119
Jan 27, 2013
01/13
by
CSPAN2
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eye 119
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and then you have conservatives arguing for lowering taxes since we passed corporate tax rate in the world on the rationale for why that works. why from an economic standpoint that produces more prosperity, how it works under ronald reagan, how jack kennedy did it, which you don't hear the same argument coming from this administration. they can't argue the facts because the facts do not back them out. they also can't come forward and have an honest discussion about what their objectives are. for us conservatives will argue our objective is to elevate everybody by increasing prosperity, by unleashing the private sector from overbearing government regulation so everybody can prosper. we believe there's an unlimited ability for prosperity. the left believes it's a fixed amount and everybody gets a slice. that's not how we see things. you don't hear the laughter ticket waiting a response to that discussion because what obama wants to do is force redistribution. if you are honest about that, his goals of not just equalize the number one, they're putting them down because that's what happe
and then you have conservatives arguing for lowering taxes since we passed corporate tax rate in the world on the rationale for why that works. why from an economic standpoint that produces more prosperity, how it works under ronald reagan, how jack kennedy did it, which you don't hear the same argument coming from this administration. they can't argue the facts because the facts do not back them out. they also can't come forward and have an honest discussion about what their objectives are....
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78
Jan 26, 2013
01/13
by
CSPAN
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eye 78
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take your money and taxes, tell you cannot worship your god. you cannot send your kids to a better school. is it fear the government tells you that you cannot run that business? is it fair that the government -- what they do without saying it -- i really think that should be a common language. the other thing is, start with a solution. we have this terrible habit of starting with a problem. it is like, everybody knows what the problems already began with a solution. start with a solution and say i have a great 3 part plan to do x. if he said, oh, my god, johnnie cannot read and joey is a thug. i am going to turn the channel. i will go back to reality tv because it is less incendiary. i also just happen to be somebody who believes that we cannot dial test and alexa, our way into prosperity -- lexicon our way into prosperity to all americans. i do not like to group them. the way i say that is, it is hard to be honest. you cannot say in seven seconds what free markets and limited government really means. it takes a little bit of explanation. at th
take your money and taxes, tell you cannot worship your god. you cannot send your kids to a better school. is it fear the government tells you that you cannot run that business? is it fair that the government -- what they do without saying it -- i really think that should be a common language. the other thing is, start with a solution. we have this terrible habit of starting with a problem. it is like, everybody knows what the problems already began with a solution. start with a solution and...
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150
Jan 29, 2013
01/13
by
CNNW
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eye 150
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>> after i pay taxes, i'm going to see my mother. she has alzheimer's and my sister is taking care of her and my brother is there in utah. get out there, see where it goes from there. >> the big check that you got. and i understand you spent some time with the heat players and the heat dancers. i was recently at a miami heat game. it is incredible to watch not just the players, but also dancers. tell us what was the experience like? >> went with the flow. never experienced that before obviously. so it was a great feeling. >> yeah, i bet. i bet. you from illinois as i mentioned. just outside of chicago. >> from wisconsin. milwaukee area. >> okay. milwaukee. you were a bulls fan, right? >> pretty much. pretty much. >> not anymore. >> have to cheer for your home team. they are the champs. i had no problem going there and doing the thing. >> this has gone viral. can you believe it? 100,000 views. pretty incredible, right. mike, congratulations. >> thank you. >> if you want, i'm available to take some of that money from you. >> mike, no.
>> after i pay taxes, i'm going to see my mother. she has alzheimer's and my sister is taking care of her and my brother is there in utah. get out there, see where it goes from there. >> the big check that you got. and i understand you spent some time with the heat players and the heat dancers. i was recently at a miami heat game. it is incredible to watch not just the players, but also dancers. tell us what was the experience like? >> went with the flow. never experienced...
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wall street got all excited after tax records showed that a close out 2012 with more jobs being created than expected within the last few months of the year. certainly a positive sign for the economy. we're still above that mark. just 200 points away from an all-time high. we will be watching this market very closely. the s&p closing out its best january since 1997. if you're a woman chances are the guy sitting next year is getting paid more than you are. men out earned women in all 21 professions that bloomberg looked at for 2007. a man earning 62% more than their female counterparts as doctors. men may outturn women but we will know how to spend it. a lot of women know this brand. mary kay cosmetics. they're celebrating their golden anniversary. the cosmetics company revamping their website. this mobile shopping is your thing mary kay plans to debut a mobile version of the web site. thanks teal. still to come this midday. the medicine in your cabinet that's being recalled. but first, country star brett eldredge is here. he's talking with dina right now hey dina! we are so happy that y
wall street got all excited after tax records showed that a close out 2012 with more jobs being created than expected within the last few months of the year. certainly a positive sign for the economy. we're still above that mark. just 200 points away from an all-time high. we will be watching this market very closely. the s&p closing out its best january since 1997. if you're a woman chances are the guy sitting next year is getting paid more than you are. men out earned women in all 21...
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140
Jan 27, 2013
01/13
by
WTTG
tv
eye 140
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but ultimately, they decided to stay, receiving close to $4 million in tax incentives from the government. >> we certainly appreciate the support of the state and the federal government. but honestly, it's not enough to make a difference. it's about the people, it's about the productivity, the longevity. >> everything little tikes does imlates what parents do in the real world. >> reporter: it's why moms are a big part of the research. they're getting suggestions today. >> easy to get in by themselves. they can get in it and walk along. >> i like the floor boards. >> i think toddlers are drawn to the cartoony look it has. the colors are the iconic thing. >> bye-bye. >>> coming up, want a place to bet on the super bowl winner? we have a primate who is calling the game. we'll tell you what he says. >>> super bowl a week away. according to one primate, the 49ers will be the winner. the orangutan has been predicting the winner for years. within seconds, she picked the 49ers. >> put a box out in the exhibit that had two different blankets in it. one for the 49ers and 1 for the ravens. and our
but ultimately, they decided to stay, receiving close to $4 million in tax incentives from the government. >> we certainly appreciate the support of the state and the federal government. but honestly, it's not enough to make a difference. it's about the people, it's about the productivity, the longevity. >> everything little tikes does imlates what parents do in the real world. >> reporter: it's why moms are a big part of the research. they're getting suggestions today....
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Jan 28, 2013
01/13
by
FBC
tv
eye 109
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with high income taxes. who else who is famous lived in illinois? that's scott, and he joins us now from chicago. your state has just been downgraded, illinois, and the city of chicago is going to get bailed out with its health problems by the federal government, and you have high taxes. can i count on you to move, scott? >> well, that depends on where this big building goes. if there's a place where we don't have the issues, the cme would move, and i would move with it. we have a history of making bad business decisions in illinois. we sold the parking meter rights, and weave given away cash flows for 20 years on out. this is no surprise, and it's the worst in the union now, and it's not better because we're on a negative watch as well again. where we go from here is we have to see a massive exodus of people like myself or anybody get behind this. we're in trouble. are you or anyone else in illinois going to do a mike dirk mickelson or sarkozy in do you see a lot of tax refugees pouring out of illinois, you
with high income taxes. who else who is famous lived in illinois? that's scott, and he joins us now from chicago. your state has just been downgraded, illinois, and the city of chicago is going to get bailed out with its health problems by the federal government, and you have high taxes. can i count on you to move, scott? >> well, that depends on where this big building goes. if there's a place where we don't have the issues, the cme would move, and i would move with it. we have a history...